HERITAGE-CRYSTAL CLEAN, INC. (NASDAQ:HCCI) Files An 8-K Submission of Matters to a Vote of Security HoldersITEM 5.07 Submission of Matters to a Vote of Security Holders.
On May 1, 2018, Heritage-Crystal Clean, Inc. (the “Company”) held its 2018 Annual Meeting of Shareholders (the “Annual Meeting”), to notice duly given. The proposal to ratify the appointment of Grant Thornton LLP was a routine matter and, therefore, there were no broker non-votes relating to that matter. The results of the voting for each of these proposals were as follows:
1. Election of Class I Directors.
|
Election of ClassI Directors |
For |
Withheld |
Broker Non-Votes |
|
Fred Fehsenfeld Jr. |
14,106,752 |
588,102 |
6,198,209 |
|
Jim Schumacher |
14,302,833 |
392,021 |
6,198,209 |
Each director nominee was duly elected to serve until the Annual Meeting of Stockholders in 2021 or until the director's successor has been duly elected and qualified, or until the earlier of the director's death, resignation, or retirement.
2. To ratify the appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year
ending December 29, 2018.
|
For |
Against |
Abstain |
|
20,851,975 |
28,638 |
12,450 |
Shareholders ratified the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for fiscal year ending December 29, 2018.
3. Approval on an advisory basis of the named executive officer compensation for fiscal 2017.
|
For |
Against |
Abstain |
Broker Non-votes |
|
10,192,100 |
4,306,033 |
196,721 |
6,198,209 |
Shareholders approved named executive officer compensation for the fiscal year ending December 30, 2017.
About HERITAGE-CRYSTAL CLEAN, INC. (NASDAQ:HCCI)
Heritage-Crystal Clean, Inc. provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The Company owns and operates a used oil re-refinery. The Company operates through two segments: Environmental Services and Oil Business. The Company provides hazardous and non-hazardous waste services to small and mid-sized customers in both the manufacturing and vehicle maintenance sectors. The Environmental Services segment consists of its parts cleaning, containerized waste management, vacuum truck, antifreeze and field services. The Company’s services allow its customers to outsource their handling and disposal of parts cleaning solvents, as well as other hazardous and non-hazardous waste. The Oil Business segment consists of used oil collection activities, sale of recycled fuel oil and re-refining activities. Through its re-refining process, the Company recycles used oil into lubricant base oil and by-products.
